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作者：Guo, Yidi; Quy Nguyen Huy; Xiao, Zhixing
作者单位：INSEAD Business School; Peking University; Peking University Shenzhen Graduate School (PKU Shenzhen)
摘要：Research summary: Although the middle management literature has identified various bridging roles performed by middle managers in the market environment, it is relatively vague about whether and how they manage the political environment to achieve market-related goals. In an inductive field study of four large state-owned enterprises based in mainland Communist China, operational middle managers were found to take an active role in dealing with political actors to achieve market efficiency in ...
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作者：Durand, Rodolphe; Grant, Robert M.; Madsen, Tammy L.
作者单位：Hautes Etudes Commerciales (HEC) Paris; Bocconi University; Santa Clara University
摘要：Research summary: This special issue of Strategic Management Journal was motivated by concern that the growing scope and diversity of the strategic management field creates the risk of incoherence and fragmentation and the belief that research reviews could contribute to synthesis and integration. In this introductory essay, we address the expanding domain of strategic management, consider where its boundaries lie, identify the forces engendering fragmentation, and discuss how this special iss...
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作者：Kim, Ji Youn (Rose); Steensma, H. Kevin
作者单位：University of Kentucky; University of Washington; University of Washington Seattle
摘要：Research summary: We consider conditions in which incumbent firms are particularly poised to benefit from knowledge spilling in from new ventures that employ individuals previously employed by the focal incumbent firm. We distinguish between inventors who leave their incumbent employers to found spin-outs and those who become non-founding employees of existing new ventures. Using a sample of new ventures and incumbent firms in the U.S. information technology (IT) sector, we find that incumbent...
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作者：Williams, Charles; Chen, Pao-Lien; Agarwal, Rajshree
作者单位：Bocconi University; Bocconi University; National Tsing Hua University; University System of Maryland; University of Maryland College Park
摘要：Research summary: This study explores the effect of knowledge integration on strategic renewal. In particular, it examines how executives from different levels and sources influence renewal when added to top management teams (TMT). In contrast to prior work, the study hypothesizes and finds that new outside rookiesthose new to top management and the firmare associated with higher firm growth than other types of executives. We also find that seasoned outsidersthose with prior TMT experience out...
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作者：Silverman, Brian S.; Ingram, Paul
作者单位：University of Toronto; Columbia University
摘要：We explore captain-ownership and vessel performance in eighteenth-century transatlantic shipping. Although contingent compensation often aligned incentives between captains and shipowners, one difficult-to-contract hazard was threat of capture during wartime. We exploit variation across time and routes to study the relationship between capture threat and captain-ownership. Vessels were more likely to have captain-owners when undertaking wartime voyages on routes susceptible to privateers. Capt...
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作者：Shepherd, Dean A.; Mcmullen, Jeffery S.; Ocasio, William
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Northwestern University
摘要：Research summary: Exploiting opportunities is critical to a firm's competitive advantage. Not surprisingly, there has been considerable interest in the processes by which top managers allocate attention to potential opportunities. Although such investigations have largely focused on top-down processes for allocating attention to the environment, some studies have explored bottom-up processes. In this article, we consider both top-down and bottom-up processing to develop a model by which top ma...
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作者：Chatain, Olivier; Mindruta, Denisa
作者单位：Hautes Etudes Commerciales (HEC) Paris
摘要：We develop and apply a new set of empirical tools consistent with the tenets of value-based business strategies, leveraging the principle that no good deal comes undone and the methods of revealed preferences, to empirically estimate drivers of value creation. We demonstrate how to use these tools in an analysis of value creation in buyer supplier relationships in the UK corporate legal market. We show that our approach can uncover evidence of subtle mechanisms that traditional methods cannot ...
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作者：Tan, David; Rider, Christopher I.
作者单位：University of Washington; University of Washington Seattle; Georgetown University
摘要：Research summary: Because employees can provide a firm with human capital advantages over competitors, firms invest considerably in employee recruiting and retention. Departing from the retention imperative of strategic human capital management, we propose that certain employee departures can enhance a firm's competitiveness in the labor market. Specifically, increased rates of career-advancing departures by a firm's employees can signal to potential future employees that the firm offers a pre...
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作者：Greenstein, Shane
作者单位：Harvard University
摘要：Research summary: The experience of Encyclopaedia Britannica provides the canonical example of the decline of an established firm at the outset of the digital age. Competition from Microsoft's Encarta in 1993 led to sharp declines in the sales of books, which led to the distressed sale of the firm in 1996. This article offers new source material about the actions at both Encarta and Britannica, and it offers a novel interpretation of events. Britannica's management did not misperceive the oppo...
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作者：Lieberman, Marvin B.; Lee, Gwendolyn K.; Folta, Timothy B.
作者单位：University of California System; University of California Los Angeles; State University System of Florida; University of Florida; University of Connecticut; Universites de Strasbourg Etablissements Associes; Universite de Strasbourg
摘要：Research summary: Combining the concept of resource relatedness with the economic notion of sunk costs, we assess how the potential for resource redeployment affects market entry and exit by multi-business firms. If the performance of a new business falls below expectations, a diversified firm may be able to redeploy its resources back into related businesses. In effect, relatedness reduces the sunk costs associated with a new business, which facilitates exit. This, in turn, has implications f...
